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    <title>Debt Allocation Mechanism for FII/QFI - Government debt securities</title>
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    <description>SEBI extends the corporate debt allocation mechanism to Government Debt, allowing FIIs/QFIs to invest without purchasing debt limits until the prescribed threshold is reached, after which remaining limits will be allocated via auction. Reinvestment facilities and previous reinvestment restrictions will not apply to Government Debt limits while limits are available on tap. FIIs awarded limits in the August 20, 2013 auction must comply with the utilization period specified in the referenced SEBI circular. The circular takes immediate effect and custodians must notify their FII clients.</description>
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    <pubDate>Fri, 13 Sep 2013 00:00:00 +0530</pubDate>
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      <title>Debt Allocation Mechanism for FII/QFI - Government debt securities</title>
      <link>https://www.taxtmi.com/circulars?id=58232</link>
      <description>SEBI extends the corporate debt allocation mechanism to Government Debt, allowing FIIs/QFIs to invest without purchasing debt limits until the prescribed threshold is reached, after which remaining limits will be allocated via auction. Reinvestment facilities and previous reinvestment restrictions will not apply to Government Debt limits while limits are available on tap. FIIs awarded limits in the August 20, 2013 auction must comply with the utilization period specified in the referenced SEBI circular. The circular takes immediate effect and custodians must notify their FII clients.</description>
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      <pubDate>Fri, 13 Sep 2013 00:00:00 +0530</pubDate>
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